Report reveals winners, losers in Spanish olive oil market
Olive Oil
Olive
Vegetables
Spain
Published May 31, 2023
Tridge summary
Bottlers enjoy the highest net profit margin, farmers and millers earn far less and distributors fare the worst in a new study.
Original content
Spanish olive oil distributors lost an average of €0.231 per kilogram of extra virgin olive oil sold in the 2020/21 crop year, a new report from the Ministry of Agriculture, Fisheries and Food found. This starkly contrasts with the positive net profit margins of olive farmers, mills and bottlers. The study found that olive farmers earned an average of €0.062 per kilogram of extra virgin olive oil produced, while mills earned €0.001 per kilogram. However, the biggest winners in the value chain were bottlers, who earned €0.206 per kilogram. While finding net margins obtained at each stage of the extra virgin olive oil value chain was one of the main goals of the investigation, the ministry said the research was not intended to be a statistical study of different elements of the supply chain. Instead, the research is meant to contribute to market transparency and identify inefficiencies in the supply chain. The ministry added that it hopes stakeholders will use the study to improve ...
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes.
To learn more about our cookies, please read our Privacy Policy.